A bill for highway 14 funding passes out of a key Senate committee.
Chief Author Senator Nick Frentz (DFL-North Mankato) and Co-author Senator Gary Dahms (R-Redwood Falls) are pleased their bipartisan legislation, to finish Highway 14 upgrades and safety improvements passed out of the Senate Transportation Finance and Policy committee.
The proposal would allow for four lanes of travel to be built on Highway 14 from Nicollet to New Ulm. Senator Julie Rosen (R–Vernon Center), John Jasinski (R–Faribault), and Scott Dibble (DFL–Minneapolis) are also authors of the bill.
The bill passed unanimously and will now be sent to other committees before reaching the Senate floor. A companion bill is also moving in the House.
Specifically, upon the final passage of the bill, the Minnesota Department of Transportation (MnDOT) plans to apply for a federal loan and a federal transportation grant to pay for the $74 million project. The $37 million federal loan would have a federally subsidized interest rate of only half the U.S. Treasury rate.
Stretches of the highway that are single lane are home to some of the highest truck-traffic-per-mile of highway in the state.